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1 www.newamerica7.com on Thu Oct 06, 2011 5:14 am

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I just listened to this VERY long video that claims the US dollar will be dropped as the world reserve currency this year.. That will stop the process of living on credit dead in it's tracks leading to a severe economic downturn. I can't recommend this long-ass video though. Just posting this for the record. You may see the video advertised on tv.

2 Re: www.newamerica7.com on Thu Oct 06, 2011 3:12 pm

rosco 357


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meemoon wrote:I just listened to this VERY long video that claims the US dollar will be dropped as the world reserve currency this year.. That will stop the process of living on credit dead in it's tracks leading to a severe economic downturn. I can't recommend this long-ass video though. Just posting this for the record. You may see the video advertised on tv.

i heard where i think congress is voting on something to do with china currency??? i did not here it well but it ticked china off, said things from china will cost more .. did u hear anything on it, sorry to be so vague, i just dont have much time the way i work, take care,

3 Re: www.newamerica7.com on Thu Oct 06, 2011 6:14 pm

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You wrote "I heard where i think congress is voting on something to do with china currency??? "

The week started with a statement by the Chinese that any efforts (tariffs) against Chinese trade would have negative results, etc. The Chinese have over 1 trillion in US treasury notes and while they have us by the balls, we have their ability to sell goods by the throat. We are so intertwined with them financially there seems to be no way to confront their trade policies without stepping on our own toes. Trump goes on and on about China "ripping us off" but never says what he would do. There's not a whole lot that can be done.

4 Re: www.newamerica7.com on Fri Oct 07, 2011 8:14 pm

rosco 357


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thanks, for that, take care

5 Re: www.newamerica7.com Today at 9:13 pm

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